The Canadian Dollar (CAD) is dead flat on the session, with neither the generally softer USD tone nor the bid for its commodity cousins helping lift sentiment (AUD/CAD trading near its highest since late 2024), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday for the third successive session. The AUD/USD pair appreciates following Westpac Consumer Confidence, which declined 3.1% to 95.4 in September from 98.5 in August.
Silver (XAG/USD) extended its gains for a second consecutive day on Monday, briefly touching a fresh 14-year high at $41.67 before easing slightly.